Clear Skies Solar Inc. and California Sunrise have purchased 34 acres of land in Cantil, Calif., to be used as the site of a $44 million, 8 MW solar farm. The project's power will be sold under a power purchase agreement between Clear Skies Solar and the local utility.
‘The solar farm in Cantil is just the beginning of several large, utility-scale projects we're developing and executing around the globe,’ says Ezra Green, CEO and chairman of Clear Skies Solar.
Clear Skies Solar will manage the property for the next 20 years and expects to see recurring revenue from this management arrangement.
SOURCE: Clear Skies Solar
